Lear Corporation (LEA)

Lear Corporation is trading at $118.44, up 0.90% on the session. The 50 day average sits at $122.20 and the 200 day at $128.46, which puts the stock in a downtrend. RSI is at 46.3, which reads as neutral, and MACD is bullish crossover. Volume is volume spike.

The nearest support is around $117.67 with resistance near $123.05, so that band frames the current range. Average daily movement is roughly $3.04, or about 2.6% of the share price, which is what any stop placement has to allow for. The overall health score of 47 out of 100 combines a trend score of 3, momentum of 70 and a risk score of 84.

Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, and South America. Its Seating segment offers seat systems, keyseat components, seat trim covers, and seat mechanisms; and thermal comfort systems, such as seat heating, ventilation, active cooling, pneumatic lumbar and massage products, seat cushioning, and headrests, as well as surface materials, including leather and fabric for light trucks, compact cars, pick-up trucks, and sport utility vehicles. The company's E-Systems segment provides electrical distribution and connection systems that route electrical signals and networks; and manage electrical power within the vehicle for various powertrains. This segment's products comprise wire harnesses, terminals and connectors, engineered components, and junction boxes; electronic system products, including body domain control modules, and high voltage switching and power control systems. It also offers software and connected services, as well as cybersecurity software. The company offers its products and services under the GUILFORD, EAGLE OTTAWA, THAGORA, IGB AUTOMOTIVE, COMFORTFLEX BY LEARTM, LEAR, CONFIGURE+, FLEXAIR, INTU, RENEWKNIT, SOYFOAM, ProTec, and TeXstyle brands. The company was founded in 1917 and is headquartered in Southfield, Michigan.